(b) The board shall consolidate all available local, state, and federal transit financial resources for public mass transit operators and systems within its jurisdiction and, in coordination with the various operators, shall adopt a policy for annually prioritizing the use of those funds for all of the following:

1. (1) Services provided pursuant to the Americans with Disabilities Act of 1990 (Public Law 101-336).
2. (2) Local match requirements for federal and state transit capital grants.
3. (3) The local and regional service base.
4. (4) Any additional planning and operation of transit services and development and implementation of capital programs approved by the board.